Ncentral excise tariff act 1985 schedule 1 pdf

Chapter or heading or subheading or tariff item of the first schedule, description of excisable goods, rate, condition no. With this, manufacturers can easily pay their excise online on every 5th of the following month through gar7. Oct 23, 2010 rules for the interpretation of the first schedule to the central excise tariff act, 1985. The excise act 1901, the petroleum revenue act 1985 and the petroleum excise prices act 1987 shall be read as one with this act. Provisional collection of taxes act, 1931 16 of 1931 provisions of finance no.

Import export data, export import shipment data from customs. Duties specified in first schedule and the second schedule to the central excise tariff act, 1985 to be levied. Jun 09, 2016 however, the act further mentions that the duties imposable within the provisions of section 3 of the central excise act, 1944, in relation to any goods, if in the opinion of the central government, to be increased and there should be an immediate action in this behalf, then it will be directed by the central government that the first schedule. Schedule to the central excise tariff act, 1985 taxation.

The goods thus manufactured must be excisable means the goods must be specified in central excise tariff act,1985 in india, the government has produced an automatic centralised system for paying excise. Interpretative rules to first schedule of the central excise. This erstwhile collectorate was having wide jurisdiction of entire erstwhile state of uttar pradesh. The excise management and tariff act an act to make provision for the control of the manufacture of excisable goods, the denaturing of spirits, for the collection of excise duties and for related and connected matters 1st november, 1954 ords nos.

The central excise tariff act, 1985 hereinafter referred to as ceta under chapter 30 of the schedule 2 deals with pharmaceutical products for the purposes of tariff. General explanatory notes to the first schedule to the central excise tariff act, 1985. Where, in respect of any goods, the central government is satisfied that the duty leviable thereon under section 3 of the central excises and salt act, 1944 1 of 1944. In this schedule, heading, subheading and tariff item mean respectively a heading, subheading and tariff item in the first schedule to the central excise tariff act, 1985 5 of 1986 the rules for the interpretation of the first schedule to the central excise tariff act, 1985 5 of 1986, the section. This indirect taxation is administered through an enactment of the central government viz. The central excise tariff act 1985 taxindiaupdates in. Be it enacted by parliament in the thirty sixth year of the republic of india as follows. Additional duties of excise goods of special importance act, 1957 58 of 1957 4.

An act to impose excise duties and for other matters relating thereto. Provided that the duties of excise which shall be levied and collected on any excisable goods. First schedule to the central excise tariff act, 1985 import export. Extension of time limits under the customs act,1962 and rules and regu. There are no chapters with numbers 1,6,10,12 and 77. This act shall be read and construed together with the east african excise management act, hereafter referred to as the management. In this schedule, tariff item 2710 11 19 does not include naphtha. Classification of printed workbooks, exercise books etc. Schedule and the second schedule to the central excise tariff act, 1985. Excise tariff act 1921 federal register of legislation. It is made clear in the said provision that the reference to the first schedule annexed with the central excise act, 1944. Central excise duty free download as powerpoint presentation. As per the section 37 of the finance act, 1978 special excise duty was attracted on all excisable goods on which there is a levy of basic excise duty under the central excises and salt act,1944. Pan masala falling under chapter 21 of the first schedule of the central excise tariff act, 1985.

Power of central government to charge excise duty on the basis of capacity of production in respect of notified goods. In this schedule, tariff item 2106 90 19 does not include the products other than preparations for lemonades or other beverages intended for use in. The said schedule is divided into 20 sections and 96 chapters. The central excise tariff act 1985 compliance india. The central excise tariff act, 1985 hereinafter referred to. The excise duties act is sometimes referred as sin tax types of excise duty basic additional special excisable goods the term excisable goods means the goods which are specified in the first schedule and the second schedule to the central excise tariff act, 1985, as being subject to a duty of excise. Substituted for 16% by the sixth schedule of the finance act, 2006, w. Duties specified in the the first schedule and the second schedule to the central excise tariff act, 1985 to be levied. May 20, 2010 in exercise of the powers conferred by subsection 1 of section 5 of the central excise tariff act, 1985 5 of 1986, the central government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the first schedule to the central excise tariff act, 1985, namely.

Central excise act, 1944 sections 17 and 38a central. Interpretative rules to first schedule of the central excise tariff. Rules for the interpretation of the first schedule to the central excise tariff act, 1985. The first schedule to the central excise tariff act, 1985, contains a set of six general rules for the interpretation of the tariff items. An excise or excise tax sometimes called an excise duty is a type of tax charged on goods produced within the. Additional duties of excise goods of special importance act, 1957 58 of 1957 additional duties of excise textiles and textile articles act, 1978 40 of 1978. Issue was also litigated before the honble high court of delhi. However this act does not contain the rate at which duties are imposed 4. Download central excise tariff act, 1985 file in pdf format. Indian central excise manual, partii, classification. Clause 7 of the bill seeks to amend section 3a of the central excise act, 1944, which provides for levy of central excise duty on the basis of capacity of production in respect of notified goods, so as to replace the reference to the first schedule and the second schedule to the central excise tariff act, 1985, with reference to the proposed.

Section 1 short title extent and commencement 1 this act may be called the central excise tariff act, 1985. At the relevant time, if a product is held to be medicament, then, the rate of duty was 15% and, if not, 70%. The rules for the interpretation of the first schedule to the central excise tariff. In this schedule, heading 2401 does not include the products which do not bear a brand name. Use our calculator on salary 891 relief in one tax calculator fy 1920. By and large, these rules for interpretation are identical to. Central excise act, 1944 1 of 1944, the central government, being satisfied that. The rules for the interpretation of the first schedule, the section and chapter notes and the general explanatory notes of the first schedule shall apply to the interpretation of this schedule. The tariff act with its two schedules is an act of parliament and can be amended only by parliament. India, at the rates set forth in the schedule to the central excise tariff act, 1985, falls under the category.

In this schedule, heading, subheading, tariff item and chapter mean. Schedule to the central excise tariff act, 1985 5 of 1986 as being subject to a duty of. There are over 1,000 tariff headings and 2,000 subheadings. The issue raised in these representations is whether the aforesaid goods are classifiable under chapter 48 or chapter 49 of the erstwhile central excise tariff act ceta, 1985. Central board of excise and customs cbec is a part of the department of revenue under the ministry of finance, government of india. Tariff notification in respect of fixation of tariff value of edible o. Emergency power of the central government under central excise tariff act, 1985 to increase the duty.

An act to provide for tariff for central duties of excise. In exercise of the powers conferred by subsection 1 of section 5a of the central excise act, 1944 1 of 1944, the central government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the excisable goods of the description specified in column 3 of the table below. The effective rate of excise duty of 10% on nonpetroleum products is being increased to 12% with a few exceptions where exemptionsconcessions have been given. This is usually done through the finance bill in the annual budget. The rates at which the excise duty is to be collected are stipulated in the central excise tariff act, 1985. For the purposes of subheading 2701 11 anthracite means coal having a. Y the central excise tariff act, 1985 classifies all the goods under 91 chapters actually 96 chapters out of which 5 are blank 1, 6, 10, 12 and 77 and specific code is assigned to each item. Eximkey india dgft, customs, excise, export import policy. Central excise tariff act, 1985 tax management india. The central governments enactment provided with the name and title as the central excise tariff act, 1985 act 5 of 1986 for the object and purpose that to make provisions as to tariff for central duties of excise.

In this schedule, tariff item 2403 99 90 does not include pan masala, other than con taining tobacco. General explanatory notes to the first schedule to the central excise tariff act, 1985 additional duties of excise goods of special importance act, 1957 additional duties of excise textiles and textile articles act, 1978 provisional collection of taxes act, 1931 16 of 1931. Central excise tariff act 1985 chapter 21 citation 691. The central excise tariff act, 1985 hereinafter referred. This is the basic law related to the levy and collection of duties of central excise. Exempts excisable goods of first schedule to central excise. Each chapter is further divided into headings and subheadings. The rates at which duties of excise shall be levied under the central excises and salt act, 1944 1 of 1944. In exercise of the powers conferred by subsection 1 of section 5 of the central excise tariff act, 1985 5 of 1986, the central government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the first schedule to the central excise tariff act, 1985, namely. Third schedule to central excise act 1944 see section 2fiii notes. Amendments in the first schedule to the central excise tariff. Act, 1985 5 of 1986, the section and chapter notes and the general explanatory.

In this schedule, heading, subheading and tariff item mean respectively a heading, subheading and tariff item in the first schedule to the central excise tariff act, 1985 5 of 1986. The rates at which duties of excise shall be levied under the4 central excise and salt act, 1944 1 of 1944 are specified in3 the first schedule. In exercise of the powers conferred by subsection 1 of section 5a of the central excise act, 1944 1 of 1944, the central government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the excisable goods of the description specified in column. Income tax calculator new scheme vs old scheme and consent letter for fy 202021.

By and large, these rules for interpretation are identical to those contained in the hsn. Exempts excisable goods of first schedule to central. Central excise act, 1944 central excise rules, 1944 central excise tariff act, 1985 central excise manual bonds, forms, returns, registers excise tariff first schedule rules excise tariff second schedule rules new central excise manual w. Sections 6a and 6aa effectively change certain rates of duty that appear on the face of this schedule, especially in items 1, 2, 3 and 5. General rules for interpretation of the schedule to the central excise tariff act, 1985. It is an indirect tax paid by the manufacturer, who passes. Special excise duty is levied at the rates specified in the second schedule to central excise tariff act, 1985. Aug 15, 20 the central excise tariff act, 1985 hereinafter referred to as ceta under chapter 30 of the schedule 2 deals with pharmaceutical products for the purposes of tariff. In exercise of the powers conferred by subsection 1 of. At the relevant time, if a product is held to be medicament, then, the rate of duty was 15% and, if. Excise duty types of excise duty there are three different types. Central excise tariff central excise tariff act, 1985 general proposals involving changes in rates of duty.